We argue that the strength of the relationship between income and happiness can be influenced by exposure to organizational practices, such as being paid by the hour , that promote an economic evaluation of time use. Using cross-sectional data from the US, two studies found that income was more strongly associated with happiness for individuals paid by the hour compared to their non-hourly coun...

This paper develops a formal economic theory that is mainly proposed to explain and study the Easterlin paradox — a puzzle at the heart of our lives: average happiness levels do not increase as countries grow wealthier. This theory provides a foundation for studying happiness from the perspectives of social happiness maximization and pursuing individual self-interest. It takes into account both...

China has enjoyed high economic growth for three decades since the initiative of economic reform in 1978. This growth has however been driven mainly by labour-intensive, export-oriented manufacturing activities. Has innovation played a role in China’s economic growth? What are the determinants of innovation in the Chinese economy? These are some of the questions which are to be explored in this...

conclusions the findings of the present study show that a happiness score among our sample study was slightly low and people with high happiness scores had a healthier lifestyle, i.e. more physical activity and less tobacco smoking. college students should be encouraged to do regular exercise as a way to increase the happiness level. results the mean happiness score was 114.59 ± 18.31. socio-ec...

This article studies reproductive externalities within rural communities in poor countries. It is shown that such externalities create a link between household poverty, household size, and the local natural-resource base, each of which is viewed as being endogenous. The models presented here o!er an explanation for the fact that in recent decades large groups of people in various parts of the w...

1 Background The chaebol, a South Korean form of business conglomerate, has been a key factor in the country’s economic growth. In general, a group of large-scale, family-run management enterprises is referred to as a chaebol. Jones and Sakong (1980) defined a chaebol as the Korean term for a conglomerate of many companies clustered and managed by one family-centered parent company. The charact...

In spite of the great U-turn that saw income inequality rise in Western countries in the 1980s, happiness inequality has fallen in countries that have experienced income growth (but not in those that did not). Modern growth has reduced the share of both the "very unhappy" and the "perfectly happy". Lower happiness inequality is found both between and within countries, and between and within ind...

Executive Summary. Results from the 2012 AmericasBarometer Survey indicate that the current protests in Brazil are truly unprecedented in the country's recent history. However, the 2012 data from Brazil also reveal certain trends in socioeconomic development and disenchantment with government performance that have created an environment ripe for the emergence of contentious demonstrations. In a...